Listed by Baseline Real Estate Advisors
$6,995,000
116 Suffolk St
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building, Commercial
Square Footage 9,000
Units 9
Cap Rate 6.56%
NOI $458,562
Occupancy 100%
Tenancy Multi
Pro-Forma NOI $479,483
Stories 5
Lot Size (SqFt) 2,500
Investment Type Stabilized
116 Suffolk St, New York, NY 01854
Investment highlights
- Located in the Lower East Side
- 5-Story Walkup
- Fully Occupied
- 66% Market Rate Units
- Renovated Units
- Protected Tax Class 2B
- Steps from restaurants, shops, markets, schools
- Two blocks from Williamsburg Bridge & Essex Market
- Steps away from the F, M, J, and Z
Listing Contacts
Listed by Baseline Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$458,562.00
$38,213.50/mo
Valuation Metrics
0
DSCR
6.56%
Cap Rate
6.56%
ROI
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Tax History
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